I came across this in the July/August paper edition of Baseline magazine. For those of interested in improving the business value of IT, the IVI is definitely worth watching and, if you have the inclination, participating. The Innovation Value Institute, hosted at the National University of Ireland in Maynooth, researches and develops unifying frameworks and road-maps for IT and Business executives to create more value from IT and better deliver IT enabled innovation whilst validating that these frameworks/tools have a broad applicability across differing industries and contexts.
In association with its prestigious group of more than 30 consortium members, the IVI has developed a five-stage (of course) maturity model for mapping out IT improvements. In addition to the five stages, there are four macro-processes:
- Mapping IT like a business
- Managing the IT budget
- Managing the IT capability
- Managing IT for business value